8 Articles
8 Articles
Residential construction shows good signs: PMI – Mortgage Finance Gazette
While construction activity decreased for the fourth month in a row, residential work showed a degree of resilience in April, with the rate of contraction easing to the least marked in 2025 to date. This is according to the latest S&P Global UK Construction PMI… The post Residential construction shows good signs: PMI appeared first on Mortgage Finance Gazette.
UK construction output slides further in April - Builders Merchants Journal
Rising business uncertainty led UK construction activity to decrease for the fourth consecutive month, according to the latest S&P Global UK Construction Purchasing Managers’ Index™ (PMI®), which showed further declines in total order books and cutbacks to staffing numbers. At 46.6 in April, activity remained below the 50.0 no-change value, but was up slightly from …
UK construction activity contracts for fourth straight month as costs rise - Business Fast
UK building companies have suffered a poor start to the year, with activity contracting for a fourth month in a row in April as new work dried up while cost pressures remained high, according to an industry survey. Construction firms continued to struggle after two years of depressed activity that industry executives had expected would end with Labour’s election victory last July. A bounce back in the final three months of 2024 fizzled out as th…
UK Construction PMI April 2025: Resilience in residential despite continued output decline
Amid persistent macroeconomic uncertainty and subdued client confidence, UK construction output recorded a fourth consecutive monthly decrease in April However, the latest data from the S&P Global UK Construction PMI indicates early signs of stabilisation in activity, led by a relatively resilient residential sector. A glimmer of stability in a contracting market The headline PMI score edged up marginally to 46.6 in April, from 46.4 in March, ma…
Growth remains elusive for construction sector but decline slows
Construction sector output decreased for the fourth consecutive month amid “heightened business uncertainty” in April, according to newly released data. The latest S&P Global UK Construction Purchasing Managers’ Index (PMI) data, released on Wednesday (7 May), showed an activity index of 46.6. This was up… The post Growth remains elusive for construction sector but decline slows appeared first on Construction News.
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